Euro-zone June industrial output falls 0.6%

WilliamL. Watts

LONDON (MarketWatch) -- Industrial production in the 16-nation euro zone fell unexpectedly by 0.6% in June, the statistics agency Eurostat reported Wednesday. Compared to the same month last year, production declined 17%. Economists had forecast a 0.3% monthly rise and a 16.2% annual decline. May output was revised to show a 0.6% monthly rise and a 17.6% annual fall. Eurostat had previously estimated a 0.5% monthly rise in May and a 17% year-on-year decline.

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